Xinli Financial: A holding subsidiary provided a guarantee of 23 million yuan for the financing of a listed company.
Xinli Financial announced that on February 11th, the company signed a "Comprehensive Credit Agreement" with Everbright Bank, and its holding subsidiary Dehe Pawn signed a "Maximum Amount Mortgage Contract" with the bank, providing a maximum amount of mortgage guarantee of 23 million yuan for the credit line, without any additional guarantees. This guarantee does not require approval from the company's board of directors or shareholders' meeting, and Dehe Pawn has completed its internal review process. As of the disclosure date, the company and its holding subsidiaries have provided guarantees to external parties totaling 942.7 million yuan, accounting for 88.89% of the most recently audited net assets. The company has not provided guarantees to its controlling shareholders, actual controllers, or their related parties, and there are no instances of overdue guarantees.
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